Dependent Care FSA allows you set aside funds for these eligible dependents while you're working, looking for work or in school full-time. Each year you can set aside the amount of pre-tax dollars you want to place in the account. These expenses can be used to offset non-medical daycare expenses for the following eligible dependents:
- Children under age 13
- Qualifying child/relative or spouse physically or mentally incapable of caring for him/herself and who lives in the same residence as you for more than half the year
2023 Contribution Limit
You contribute up to $5,000/year per individual or married couple ($2,500/year if married and filing a separate tax return).
You may contribute to the Health Care Spending Account or the Dependent Care Spending Account, or both. However, funds must be kept separate; they may not be combined or used interchangeably.
Using the Funds
With a Dependent Care FSA, you will need to pay for services and then submit a receipt with the FSA claim form to UnitedHealthcare at the address listed on the form. A reimbursement check will be mailed to your home address promptly.
- Only expenses incurred in the specific calendar year you have enrolled for are eligible for reimbursement.
- An expense is considered incurred when services are provided, not when you are billed or when you pay for care.
- All claims must be received no later than 90 days after the end of the calendar year of your FSA for reimbursement.